Accounting help please!?

Question

1) Grayson Bank agrees to lend the Trust Company $100,000 on January 1.  Trust Company signs a $100,000, 9%, 9-month note.  What is the adjusting entry required if Trust Company prepares financial statements on June 30?
a.	Interest Expense                                   9,000
            Interest Payable                                                  9,000
b.	Interest Expense                                   4,500
            Interest Payable                                                  4,500
c.	Interest Expense                                   6,750
            Interest Payable                                                  6,750
d.	Interest Payable                                    4,500
            Interest Expense                                                  4,500

2) On October 30, Seba Salon, Inc. issued a 90-day note with a face amount of $36,000 to Reyes Products, Inc for merchandise inventory.  Determine the adjusting entry for Seba on December 31 assuming the note carries an interest rate of 8%.
a.	Interest Expense                                          720
                 Interest Payable                                                720
b.	Interest Expense                                          496
                 Interest Payable                                                496
c.	Interest Receivable                                   2,880
                 Interest Revenue                                            2,880
d.	Interest Receivable                                      480
                 Interest Revenue                                               480

3) Assuming no employees are subject to ceilings for their earnings, Moore Company has the following information for the pay period of December 15 - 31, 20xx.
Gross payroll	$18,000		Federal income tax withheld	$4,000
Social security rate	6%		Federal unemployment tax rate	.8%
Medicare rate	1.5%		State unemployment tax rate	5.4%
Salaries Payable would be recorded for 
a.	$18,000
b.	$12,950
c.	$12,650
d.	$11,534

Please please help me with these problems!! Greatly appreciated

JKRB · Accepted Answer

1)
Six months of interest expense has accrued and has not yet been paid. 
100,000 x 9% x 6/12 = $4,500
b. Interest Expense 4,500
Interest Payable 4,500

2)
Sixty-two days of interest expense has accrued and has not yet been paid.. 
36,000 x 8% x 62/360 = $496
b. Interest Expense 496
Interest Payable 496

3)
Gross payroll $18,000
Less: 
- Federal income tax withheld $4,000
- Social security rate 6% $1,080
- Medicare rate 1.5% $270
= c. $12,650

*Note: These are employer taxes not employee
Federal unemployment tax rate .8%
State unemployment tax rate 5.4%

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Accounting help please!?

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